- 1. Corporate Philanthropy Programs Corporate Philanthropy
Programs Professor Hector R Rodriguez School of Business Mount Ida
College Business, Society & Environment
2.
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- The Corporation and Its Stakeholders
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- People for the Ethical Treatment of Animals
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- The Social Responsibility of Business
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- The Shareholder Primacy Norm
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- CSR, Citizenship and Sustainability Reporting
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- The Community and the Corporation
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- Taxation and Corporate Citizenship
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- Corporate Philanthropy Programs
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- Employees and the Corporation
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- Managing a Diverse Workforce
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- A Balanced Look at Climate Change
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- Non-anthropogenic Causes of Climate Change
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- Sulfates, Urban Warming and Permafrost
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- Green Information Technology
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- Transportation, Electric Vehicles and the Environment
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- Carbon Capture and Storage
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- Solid, Toxic and Hazardous Waste
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- Forests, Paper and Carbon Sinks
Course Map Topics Covered in Course 3.
- Important aspect of business-community relationship, involves
corporate giving to non-profit organizations
- Business is only one part of U.S. societys generous giving
patterns
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- In 2005 $260 billion was given to religious, charitable and
other non-profit organizations
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- Business was small, but important, percentage of overall giving
(5%), remainder through individuals and private foundations
Corporate Philanthropy Programs Philanthropy in the US by source
of gift. 4.
- Corporations can give directly or through establishing
corporate foundations
- U.S. tax rules since 1936 have allowed 10% of companys
before-tax income to go to educational, charitable, scientific and
religious purposes
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- Average yearly corporate giving is between 1 and 2% of pre-tax
income
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- In selected companies and communities, firms give as much as
5%
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- Contributions as a percentage of pre-tax income
Corporate Philanthropy Programs 5.
- Charitable donations (cash)
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- Donating products or services
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- Category now exceeds cash contributions
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- Donations of employee time doing community work
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- Many companies sponsor and encourage volunteer activities
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- A small number of firms offer paid time off for volunteer
community service
Forms of Corporate Giving Priorities in corporate giving 6.
- Corporate giving that is linked directly or indirectly to
business goals and objectives.In this approach, both the company
and society benefit from the gift.Is made directly from the company
to community organizations, not through a foundation.
- Increasingly popular approach to corporate giving
Corporate Giving in Strategic Context 7.
- Areas in which corporate contributions are most likely to
enhance a companys competitiveness, according toHarvard Business
Reviewstudy:
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- Factor conditions - supply of trained workers, physical
infrastructure, and natural resources
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- Demand conditions affect demand for a product or service
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- Context for strategy and rivalry - designed to support policies
that create a more productive competitive environment
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- Related and supporting industries - strengthen related sectors
of the economy, may also help companies
- Lets go back to a slide from The Community and the
Corporation
Strategic Philanthropy 8.
- Corporate philanthropy should revolve around those areas where
both parties can benefit.Should never be about writing a
check.
What They Want From Each Other 9.
- Draw on the unique assets and competencies of the business
- Align priorities with employee interests
- Align priorities with core values of the firm
- Use hard-nosed business methods to assess the impact of
gifts
Strategies to Optimize Benefits from Contributions